Yes. Close your eyes, toss it, and move on with your life.
Hardware is not obsolete in 1 year but by year 3 it more or less is obsolete. So you may worry about months 12 to 36, and are willing to pay longer for an extra warranty but remember even if the drive breaks in month 13, not all do, the odds of an oem vs non oem drive failing should be the same since they are the same product. Lets assume a 10% chance breaking in months 12 to 36, how much would you pay extra for that a 1 year warranty vs a 3 year warranty, to protect against that 10% risk? The answer for you is that 3 year warranty should be less than $12.50 extra if the odds of failing are at 10%. Even if the odds of it failing are 10%. Remember these pertinent details about warranties
1) With a warranty, even if they replace the drive it does not recover your data. Data is what makes a hard drive useful, else it is a 125 dollar "toaster" just a mere commodity.
2) In addition you have to deal with the hassle of the RMA the drive, which takes time out of your life. How much is your time worth?
3) Finally some places are **** and cause you to pay for shipping for the RMA, or you do not get your replacement drive until you ship the original in, once again taking time out of your life.
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A 1 year warranty vs a 3 year warranty for a $125 dollar product has some value but when you look at it coldly its value is not that great. This is not a $600 dollar graphic card, or a $6000 dollar car, or a $200,000 dollar house. You care more about those items warranties for most people do not have enough expendable income to easily survive a $600 to $6000 dollar loss.